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of long-run growth. Specifically, we study whether the impact of energy price changes on economic growth differs … showing that the energy price volatility negatively affects the long-run economic growth of countries with a low degree of … energy dependency, but it does not hamper the long-run growth of other countries. We argue that the impact of energy price …
Persistent link: https://www.econbiz.de/10014240564
The available literature on sustainable energy use and economic growth nexus yields conflicting conclusions, as the … economic growth in G7-countries (Japan, Canada, Germany, Italy, France, United Kingdom, and United States) and E7-countries … use and economic growth are proportional. Our results show that sustainable energy use positively affects economic growth …
Persistent link: https://www.econbiz.de/10014241832
levels. This study aims to explore the relationship between energy efficiency, technological innovation, and economic growth … parameters on economic growth and the environment, and technological innovation (TI) to estimate the innovation capability of …
Persistent link: https://www.econbiz.de/10014241860
most of the growth that mainstream economics attributes to "technological progress" and related concepts. It decisively … determines the economic state of nations. Consequences for automation and globalization and perspectives on growth are discussed …. -- energy ; economic growth ; macroeconomic production functions ; output elasticities …
Persistent link: https://www.econbiz.de/10009743229
production, have not yet been taken into account by the mainstream theory of economic growth. Novel econometric analyses, however … perspective contributes to resolving the paradox that energy hardly matters in mainstream growth theory, whereas it is an issue of … growing importance in international policy. -- energy ; economic growth ; oil price ; profit maximization ; technological …
Persistent link: https://www.econbiz.de/10009743742
electricity consumption to economic growth without any feedback effect. Therefore, an immediate effort to increase electricity … availability is required and energy conservation policies are supposed to halt the economic growth. -- Economic Growth …
Persistent link: https://www.econbiz.de/10009656496
of investments under different assumptions regarding economic and population growth as well as availability of fossil … fuel resources, in the absence of a climate policy. Our analysis indicates that economic growth and the speed of income …
Persistent link: https://www.econbiz.de/10009757338
This paper provides an empirical analysis of decoupling economic growth and energy use and its various determinants by … considerably to aggregate manufacturing energy-productivity growth and, hence, to decoupling, while in other countries they partly … manufacturing labour-productivity developments. Furthermore, we find labour-productivity growth to be higher on average than energy …
Persistent link: https://www.econbiz.de/10011334858
We examine the causal relationship between electricity consumption and sectoral output growth in Uganda. First, we use … vector error correction techniques to estimate the long-run relationship between electricity consumption and GDP growth … major sectors of agriculture, industry and services and test for Granger causality between sectoral output growth and …
Persistent link: https://www.econbiz.de/10011535522
Purpose- This study aims to examine the effects of energy consumption on economic growth by means of a panel data … is a positive and statistically significant relationship between energy consumption and economic growth over the long … term such that energy consumption contributes more to economic growth as the import dependence of the country decreases …
Persistent link: https://www.econbiz.de/10011875228